K92 Mining Inc.

TSX:KNT Stock Report

Market Cap: CA$2.0b

K92 Mining Valuation

Is KNT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KNT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KNT (CA$8.54) is trading below our estimate of fair value (CA$99.69)

Significantly Below Fair Value: KNT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KNT?

Key metric: As KNT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KNT. This is calculated by dividing KNT's market cap by their current earnings.
What is KNT's PE Ratio?
PE Ratio19.1x
EarningsUS$75.68m
Market CapUS$1.44b

Price to Earnings Ratio vs Peers

How does KNT's PE Ratio compare to its peers?

The above table shows the PE ratio for KNT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32x
CG Centerra Gold
11.7x19.3%CA$1.7b
SSL Sandstorm Gold
44.8x86.6%CA$2.3b
OGC OceanaGold
29.1x55.9%CA$2.7b
CXB Calibre Mining
42.3x31.1%CA$1.8b
KNT K92 Mining
19.1x29.9%CA$2.0b

Price-To-Earnings vs Peers: KNT is good value based on its Price-To-Earnings Ratio (19.1x) compared to the peer average (32x).

Price to Earnings Ratio vs Industry

How does KNT's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

36 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IMG IAMGOLD
3.9x-10.3%US$2.84b
SLI Standard Lithium
2.6xn/aUS$322.28m
QRC Queen's Road Capital Investment
2.2xn/aUS$244.29m
STGO Steppe Gold
2.3xn/aUS$123.82m
KNT 19.1xIndustry Avg. 13.0xNo. of Companies36PE01632486480+
36 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KNT is expensive based on its Price-To-Earnings Ratio (19.1x) compared to the Canadian Metals and Mining industry average (12.8x).

Price to Earnings Ratio vs Fair Ratio

What is KNT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KNT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.1x
Fair PE Ratio24.5x

Price-To-Earnings vs Fair Ratio: KNT is good value based on its Price-To-Earnings Ratio (19.1x) compared to the estimated Fair Price-To-Earnings Ratio (23.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KNT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$8.54
CA$13.34
+56.2%
16.3%CA$16.00CA$9.50n/a11
Nov ’25CA$9.43
CA$13.34
+41.5%
16.3%CA$16.00CA$9.50n/a11
Oct ’25CA$7.99
CA$11.89
+48.8%
14.2%CA$15.00CA$9.00n/a11
Sep ’25CA$7.38
CA$11.70
+58.6%
16.0%CA$15.00CA$9.00n/a11
Aug ’25CA$7.88
CA$11.55
+46.5%
15.3%CA$14.25CA$9.00n/a11
Jul ’25CA$7.85
CA$11.27
+43.6%
15.5%CA$14.00CA$9.00n/a12
Jun ’25CA$7.62
CA$11.08
+45.5%
14.3%CA$14.00CA$9.00n/a12
May ’25CA$7.36
CA$10.71
+45.5%
15.1%CA$14.00CA$8.75n/a13
Apr ’25CA$6.37
CA$10.27
+61.2%
17.5%CA$14.00CA$8.00n/a13
Mar ’25CA$5.90
CA$10.15
+72.1%
16.1%CA$14.00CA$8.00n/a13
Feb ’25CA$6.87
CA$10.48
+52.6%
14.5%CA$14.00CA$8.25n/a13
Jan ’25CA$6.51
CA$10.35
+58.9%
16.3%CA$14.00CA$7.75n/a13
Dec ’24CA$6.09
CA$10.21
+67.6%
16.9%CA$14.00CA$7.75n/a12
Nov ’24CA$4.76
CA$10.64
+123.5%
15.4%CA$14.00CA$8.50CA$9.4311
Oct ’24CA$5.77
CA$11.48
+98.9%
15.5%CA$14.00CA$8.50CA$7.9912
Sep ’24CA$6.23
CA$11.44
+83.6%
15.9%CA$14.00CA$8.50CA$7.3812
Aug ’24CA$6.07
CA$11.48
+89.1%
15.7%CA$14.00CA$8.50CA$7.8812
Jul ’24CA$5.75
CA$11.65
+102.7%
12.7%CA$14.00CA$9.50CA$7.8513
Jun ’24CA$6.15
CA$11.67
+89.8%
12.7%CA$14.00CA$9.50CA$7.6213
May ’24CA$6.38
CA$11.67
+83.0%
12.7%CA$14.00CA$9.50CA$7.3613
Apr ’24CA$7.68
CA$11.51
+49.9%
12.3%CA$14.00CA$9.25CA$6.3713
Mar ’24CA$7.62
CA$11.47
+50.6%
12.4%CA$14.00CA$9.25CA$5.9013
Feb ’24CA$7.78
CA$11.35
+45.9%
12.9%CA$14.00CA$9.25CA$6.8713
Jan ’24CA$7.67
CA$11.29
+47.2%
12.9%CA$14.00CA$9.25CA$6.5113
Dec ’23CA$8.16
CA$11.19
+37.2%
13.1%CA$14.00CA$9.25CA$6.0912
Nov ’23CA$6.41
CA$11.27
+75.9%
12.9%CA$14.00CA$9.25CA$4.7613

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

B2Gold

CA$5.0b

Operates as a gold producer company.

BTO

CA$3.77

7D

-8.3%

1Y

-8.3%

Canfor Pulp Products

CA$62.0m

Produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally.

CFX

CA$0.87

7D

-7.4%

1Y

-50.3%

Endeavour Mining

CA$6.6b

Operates as a gold mining company in West Africa.

EDV

CA$26.95

7D

-11.8%

1Y

-8.9%